From Business24-7.ae: Banks in the Middle East and North Africa (Mena) score fairly well in terms of profit efficiency relative to all banks worldwide but should focus more on enhancing revenue generation rather than controlling costs, according to an expert.
"Mena banks are slightly less cost-efficient than European banks and in line with banks in developing economies," said Dr Dennis Olson, Professor of Finance at the American University of Sharjah (AUS), during a one-day research symposium on business and economics organised by the university..........................................Full Article: Source